AMZN Amazon was the last giant company which didn`t split its stock. And the $2510 price was somehow prohibitive for retail investors. The 20-for-1 Split will be more retail investor friendly and we could play some options at a decent price for AMZN. Statistically we saw an increase in price of every company that did a stock split so far, so i expect the same for AMZN Amazon. My price target is $2738 or its split equivalent by the end of next week. I see an 11.30% upside from here.
I am disappointed to see the down so much from Amazon today I also thought the stock should be up until the split share.
TopgOptions
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@ruby_redusa, let`s see it on monday. i would be surprised to trade lower than today.
ruby_redusa
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@CryptoFundManager, I sold at 128, if I trust myself a bit more start shorting from there along with poor market data that is super awesome …aiii now …. I don’t know if it will be continuously down .. closing the gap at 106.. or it would be hmmm the risk and reward ratios is low now I am confused, I knew the data is going to be bad for some reasons I am not shorting what I should I am mad at myself … :( need to cover some loss
@CryptoFundManager, thanks:) I wish I did short it at 128, as I saw it was losing momentum, but it wasn’t sure if it may go up to 131 or not, but I was happy to take the profit at 128. Really wish I short it, along with other stocks I looked at it on Thursday, thinking I got trick so many times hoping the CPI is going to drop and it didn’t, damn, it really didn’t, …now I am confused, with the rate hike, I lost the direction the market is going to go lol.. how do u keep level headed